Friday, 2 May 2014

Capital stroke NCDEX Update : MENTHA OIL  2 MAY 2014


Menthaoil trading range for the day is 810.3-853.7.
Menthaoil spot is at 941/-. Spot market is down by Rs.11/-.
Mentha oil ended with losses tracing the lackluster demand in the spot markets as no strong reports emerged from mandis.
Moreover, adequate stocks position in the physical market following increased arrivals from producing region also fuelled the downtrend.
Lack of strong trading activities in mandis due to the ongoing Elections in UP prevented any strong movement for the commodity.
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